Assignment 3 Part I: Leadership Style: How Are Leaders

Costco Business StrategyName:Course:Date:Institution Affiliation:Costco Business StrategyCostco is a wholesale Corporation Company, which owns and runs a number of warehouses mainly in the United States and Canada. The Corporation deals in both private label and branded goods to clientele who purchase membership on an annual basis. Costco Corporation maintains a business model dependent on high sales volumes, inventory turnovers, low price, and limited product selection. The business model suits Costco business and has gone ahead to reap high profits for the company in addition to keeping it ahead of its competition. The focus of the company in rapid turnover inventory, Costco is able to sell new products faster and pay its suppliers before due date on their invoices. The business model frees up capital for the company and makes it suitable for many suppliers due to turnover inventory that not only benefits suppliers but also clients. Costco shares its savings with customers by offering them low prices on the goods (Yuk & Mahsud et al 2011). The leadership strategy employed by Costco Company in moving and stocking their products namely as best cost provider in a